Voestalpine
 |
|
| Aktiengesellschaft | |
| Traded as | WBAG: VOE |
| Industry | steel based technology and capital goods |
| Founded | 1938 |
| Headquarters | Linz, Austria |
|
Key people
|
Wolfgang Eder (CEO), Joachim Lemppenau (Chairman of the supervisory board) |
| Products | Tool steel plates, pipes and wires, steel automotive components |
| Revenue | €11.07 billion (2015/2016) |
| €888.8 million (2015/2016) | |
| Profit | €602.1 million (2015/2016) |
| Total assets | €14.01 billion (March 2016) |
| Total equity | €5.65 billion (March 2016) |
|
Number of employees
|
48,367 (March 2016) |
| Subsidiaries | Böhler-Uddeholm |
| Website | www.voestalpine.com |
Coordinates: 48°16′26″N 14°20′00″E / 48.27389°N 14.33333°E
Voestalpine AG is an international steel based technology and capital goods group based in Linz, Austria. The company is active in steel, automotive, railway systems, profilform and tool steel industries.
47 per cent of its workforce is based in Austria. The Linz hot strip mill is a "fully integrated steel works" operated by voestalpine Stahl GmbH, a part of the steel division of voestalpine AG. In addition to Linz the most important plants are in Leoben in Styria and in Krems in Lower Austria. It had a large plant at Liezen in Styria which closed in the 1990s.
The name of the company amalgamates its two principal components, the VÖEST (Vereinigte Österreichische Eisen und Stahlwerke) in Upper Austria, established through nationalization in July 1946, and the ÖAMG (Österreichische-Alpine Montangesellschaft) in Styria, established in 1881.
The Alpine Montangesellschaft (English: Alpine Mining Society) was founded in Vienna on July 19, 1881, as a vehicle of consolidating Austrian iron and steel assets. Some of these assets were later depleted, abandoned or sold. The core assets that remained concentrated in Styria: the iron ore pits in Erzberg and a steel mill in Donawitz. The company also owned smaller businesses and railroads in the Mur River valley and in Lower Austria (Krems and Schwechat). Alpine, chaired by Karl Wittgenstein, peaked in 1912, when it owned four coal mines, two iron ore mines and six metallurgical plants.
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Wikipedia